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Blue Bear Builders has a semi-annual bond with 10 years to maturity. The bonds make semi-annual coupon payments with a coupon rate of 8%. Yield-to-maturity

Blue Bear Builders has a semi-annual bond with 10 years to maturity. The bonds make semi-annual coupon payments with a coupon rate of 8%. Yield-to-maturity on the bonds is 9%. If the bonds have a par value of $1,000, what is the current market price?

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